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Q.I. Leap Closes $1.8 Million Seed Round Led by Renowned BC Investor Haig Farris and T. Chen Fong
Thursday, February 1, 2018
Vancouver, BC, February 1, 2018--(T-Net)--Q.I. Leap Analytics Inc. has closed a $1.8 million seed financing round, led by renowned BC investor Haig Farris and Calgary based investor T. Chen Fong.
Q.I. Leap Analytics has developed an assembly of technologies that helps businesses unlock the value of both internal and external data with advanced data analytics and machine learning.
Q.I.'s REX product is a SaaS personalized content creation engine that uses A.I. and machine learning to enable customer engagement platforms (web, mobile or email marketing) to provide the most compelling personalized contents to their customers.
Q.I. Leap offers REXEIPT. REXEIPT provides consumers e-receipts with a simple tap of their mobile device. With REXEIPT, consumers never lose a receipt, can easily return items, track warranties, manage personal finances at an item level and receive compelling personalized offers based on REX, the company's AI personalization engine. REXEIPT provides SKU level data to shoppers, and shopping and behavioural pattern data to retailers and anonymous purchase data to third party vendors.
Lead investor Haig Farris is a pioneer of the venture capital industry in Canada, Haig co-founded long term heavyweight VC firm Ventures West in 1968 and spent twenty-five years working to establish the venture capital industry in Canada.
Since retiring from the firm he founded, Haig has become one of the most active and successful technology angel investors on the West Coast. He has been instrumental in the creation, growth, and success of dozens of technology companies and careers spanning four decades.
He is also Founding Chairman of well known D-Wave Systems, the Vancouver-based company that raised $130 million (from investors including DFJ, Jeff Bezos, and the investment arm of the CIA) to build the world's first commercial quantum computer.
Haig has served as co-founder, chair, and director of many high-profile companies, university and industry associations, and has been honoured by the Science Council of BC and the BC Technology Industries Association with awards for lifetime achievement and contribution to technology on Canada's West Coast.
Q.I. was founded on Jul 1, 2016 and is led by CEO & Co-founder Poya Haghnegahdar
Poya Haghnegahdar co-founded Q.I. Leap Analytics and was previously Head of Applications at 1QBit from June 2014 to Jan 2016.
He has a PhD in Quantum Computation, Physics at UBC and worked previously at the Department of Physics and Astronomy, University of British Columbia - Vancouver and did research in Mathematical Physics, Theoretical Physics and Quantum Physics.
About Q.I. Leap Analytics Inc.
Q.I. Leap Analytics has developed an assembly of technologies that helps businesses unlock the value of both internal and external data with advanced data analytics and machine learning.
Q.I.'s REX product is a SaaS personalized content creation engine that uses A.I. and machine learning to enable customer engagement platforms (web, mobile or email marketing) to provide the most compelling personalized contents to their customers.
Q.I. Leap also offers REXEIPT. REXEIPT provides consumers e-receipts with a simple tap of their mobile device. With REXEIPT, consumers never lose a receipt, can easily return items, track warranties, manage personal finances at an item level and receive compelling personalized offers based on REX, the company's AI personalization engine. REXEIPT provides SKU level data to shoppers, and shopping and behavioural pattern data to retailers and anonymous purchase data to third party vendors.